Makstil AD (XMAE:STIL) ROCE %: 28.08% (As of Mar. 2025)


XMAE:STIL Makstil AD XMAE:STIL
80 GF Score
Price MKD122.00
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What is Makstil AD ROCE %?

Makstil AD XMAE:STIL 80 ROCE % is 28.08% as of Mar. 2025. GuruFocus rates XMAE:STIL with a GF Score™ of 80/100.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Makstil AD's annualized ROCE % for the quarter that ended in Mar. 2025 was 28.08%.

Makstil AD  (XMAE:STIL) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Makstil AD ROCE % Related Terms

Makstil AD ROCE % Historical Data

* Premium members only.

The historical data trend for Makstil AD's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Makstil AD ROCE % Chart

Makstil AD Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.96 42.49 36.61 13.11 9.53

Makstil AD Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.91 9.37 8.99 5.03 28.08
XMAE:STIL
80GF Score
Makstil AD XMAE:STIL
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Makstil AD ROCE % Calculation

Makstil AD's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=410.568/( ( (8101.05 - 4001.018) + (8715.773 - 4200.439) )/ 2 )
=410.568/( (4100.032+4515.334)/ 2 )
=410.568/4307.683
=9.53 %

Makstil AD's ROCE % of for the quarter that ended in Mar. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=1268.08/( ( (8715.773 - 4200.439) + (0 - 0) )/ 1 )
=1268.08/( ( 4515.334 + 0 )/ 1 )
=1268.08/4515.334
=28.08 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 28.08% mean?
Makstil AD (XMAE:STIL) has a ROCE % of 28.08% as of Mar. 2025.
Is Makstil AD's ROCE % too high?
Makstil AD's current ROCE % is 28.08%. The Steel industry median ROCE % is 5.63. Makstil AD's value of 28.08% is 399.2% above this industry median. Overall, Makstil AD has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Makstil AD's ROCE % compare to NUE and STLD?
Makstil AD's ROCE % of 28.08% can be compared against companies in the Steel industry. The industry median ROCE % is 5.63. Makstil AD's value of 28.08% is 399.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Steel company?
The median ROCE % among Steel companies is 5.63, based on 624 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Makstil AD's current ROCE % of 28.08% is 399.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Steel industry, the median ROCE % is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Makstil AD's current ROCE % is 28.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makstil AD stock overvalued right now?
Makstil AD (XMAE:STIL) has a current ROCE % of 28.08%. The current ROCE % is 28.08% and 399.2% above the Steel industry median of 5.63. Makstil AD's overall GF Score™ is 80/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Makstil AD (XMAE:STIL), the current ROCE % is 28.08% as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Makstil AD Business Description

Address 16 Makedonska brigada, 18, Skopje, MKD, 1000
Makstil AD is a producer of hot-rolled heavy plates in the Balkan region. The company produces flat-rolled products such as hot rolled plates, hot rolled coils, cold rolled strips and sheets, galvanized strips and sheets and pre-painted coated strips.
80GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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